>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Callaway Golf (CALY) upgraded to Buy from Neutral at B. Riley, tgt $19
    • Cencora (COR) upgraded to Buy from Hold at Jefferies, tgt $440
    • Capri Holdings (CPRI) upgraded to Buy from Hold at TD Cowen, tgt $32
    • Datadog (DDOG) upgraded to Buy from Hold at Stifel, tgt $160
    • Elanco Animal Health (ELAN) upgraded to Overweight from Neutral at Piper Sandler
    • Alphabet (GOOG) upgraded to Strong Buy from Outperform at Raymond James
    • Microchip Technology (MCHP) upgraded to Outperform from Neutral at BNP Paribas Exane, tgt $90
    • onsemi (ON) upgraded to Neutral from Underperform at BNP Paribas Exane, tgt $62
    • Old National Bancorp (ONB) upgraded to Buy from Hold at TD Cowen, tgt $30
    • Rigetti Computing (RGTI) upgraded to Buy from Neutral at B. Riley, tgt $35
    • Simmons First National (SFNC) upgraded to Outperform from Market Perform at Raymond James, tgt $23
    • SmartFinancial (SMBK) upgraded to Outperform from Market Perform at Hovde Group, tgt $48
    • Sphere Entertainment (SPHR) upgraded to Buy from Neutral at BTIG, tgt $110
    • SSR Mining (SSRM) upgraded to Buy from Hold at TD Cowen
    • Tempest Therapeutics (TPST) upgraded to Buy from Neutral at H.C. Wainwright, tgt $11
    • Texas Instruments (TXN) upgraded to Neutral from Underperform at BNP Paribas Exane, tgt $190
    • Vertex (VRTX) upgraded to Outperform from Sector Perform at RBC Capital, tgt $546
  • Downgrades:
    • Acadia Healthcare (ACHC) downgraded to Hold from Buy at Jefferies, tgt $15
    • AGNC Investment (AGNC) downgraded to Hold from Buy at Jones Trading
    • Amicus Therapeutics (FOLD) downgraded to Hold from Buy at Jefferies, tgt $14.50
    • Apogee Therapeutics (APGE) downgraded to Sector Perform from Outperform at RBC Capital, tgt $83
    • Chemed (CHE) downgraded to Hold from Buy at Jefferies, tgt $475
    • Crocs (CROX) downgraded to Sector Weight from Overweight at KeyBanc
    • Gold Royalty (GROY) downgraded to Hold from Buy at Canaccord Genuity
    • GoodRx Holdings (GDRX) downgraded to Hold from Buy at Jefferies, tgt $2.75
    • Hyatt Hotels (H) downgraded to In Line from Outperform at Evercore ISI, tgt $175
    • LCI Industries (LCII) downgraded to Hold from Buy at Loop Capital, tgt $149
    • Legend Biotech (LEGN) downgraded to Hold from Buy at TD Cowen, tgt $21
    • Qiagen (QGEN) downgraded to Hold from Buy at Deutsche Bank, tgt $54
    • Sociedad Química y Minera (SQM) downgraded to Neutral from Buy at Clarksons Platou, tgt $90
    • Zoetis (ZTS) downgraded to Neutral from Overweight at Piper Sandler, tgt $135
  • Others:
    • Accenture (ACN) initiated with a Buy at Berenberg, tgt $313
    • Bentley Systems (BSY) initiated with an Outperform at BMO Capital, tgt $48
    • CareTrust REIT (CTRE) initiated with an Outperform at Citizens, tgt $44
    • Cognizant Technology Solutions (CTSH) initiated with a Buy at Berenberg, tgt $107
    • Dycom Industries (DY) initiated with a Buy at Guggenheim, tgt $510
    • Everus Construction (ECG) initiated with a Neutral at Guggenheim
    • Genius Sports (GENI) initiated with a Hold at Stifel, tgt $10
    • Great Lakes Dredge & Dock (GLDD) initiated with an Overweight at JPMorgan, tgt $20
    • Karman Holdings (KRMN) initiated with a Neutral at Piper Sandler, tgt $98
    • Kratos Defense & Security (KTOS) initiated with a Neutral at Piper Sandler, tgt $99
    • MGP Ingredients (MGPI) initiated with a Buy at Benchmark, tgt $35
    • Micron Technology (MU) initiated with an Outperform at William Blair
    • Orion Marine Group (ORN) initiated with an Overweight at JPMorgan, tgt $16
    • Palantir Technologies (PLTR) initiated with a Buy at Phillip Securities, tgt $208
    • Rambus (RMBS) initiated with an Outperform at William Blair
    • Silicon Motion Technology (SIMO) initiated with an Outperform at William Blair
    • Sportradar Group (SRAD) initiated with a Buy at Stifel, tgt $28
    • Verizon Communications (VZ) reinstated with an Equal Weight at Barclays